Spencer Haywood, a prodigious jumper under the boards, has just taken the longest leap of his lifefrom the American Basketball Association to the rival National Basketball Association. In so doing, he stirred up a flurry of lawsuits, restraining orders, injunctions and protests that struck at the very structure of pro basketball. Federal Judge Warren Ferguson, who last week postponed a ruling in the case until Jan. 29, knifed through the complex legal questions to the heart of the matter. "Everyone," he said, "is after this kid's money."
Pro-basketball scouts have been after Haywood ever...